Advantest Corporation (ATEYY) Q4 2024 Earnings Call Transcript Summary
Advantest Reports FY Results
Japanese stock buybacks this week (4/21~4/25)
――――4/21――――$Shinwa(7607.JP)$ will cancel 600K shares, 4.16% of its outstanding shares, with a cancellation date of 5/12.――――4/23――――$Fanuc(6954.JP)$ will buy back up to 12.5 million shares, 1.34%
Japan's Advantest Expects 6% Annual Profit Growth as AI Boosts Testing
Key points of attention for the PTS on the 25th = Advantest, Anritsu, Shin-Etsu Chemical, Fujitsu, ETC.
▽ Advantest <6857.T>, the consolidated operating profit Financial Estimates for the fiscal year ending March 2026 is 242 billion yen (a 6% increase compared to the previous period). The assumed Exchange Rates are 140 yen to 1 dollar and 155 yen to 1 euro. It is viewed that the impact of tariff measures on business and performance is minimal. ▽ Anritsu <6754.T>, the consolidated operating profit Financial Estimates for the fiscal year ending March 2026 is 15 billion yen (a 24% increase compared to the previous period). Formulated based on the situation before the tariff measures by the USA are implemented. ▽ Shin-Etsu Chemical <4063.T>, the first quarter of the fiscal year ending March 2026 (
Advantest FY24 Net Income Rises
Market Chatter: Japanese Lower House Lawmakers Pass Japan's Symbolic AI Bill
Advantest: 2024 Earnings Conference materials
Advantest: Summary of financial results for the fiscal year ending 2025/3 [IFRS] (consolidated)
Advantest Sees FY Net Y179.00B
Advantest FY Net Y161.18B Vs Net Y62.29B
The Nikkei average is up about 635 yen, with positive contributions from Tokyo Electron, Advantest, and Fast Retailing being the top contributors.
As of 12:45 PM on the 25th, the Nikkei average was trading around 35,675 yen, approximately 635 yen higher than the previous day. Vroom reported that the Chinese government is considering exempting some imported goods from the USA from a 125% retaliatory tariff. Concerns about the USA-China Trade friction have eased, and the trading opened with an increased margin compared to the previous closing price. By 12:40 PM, it had reached 35,737.51 yen, up 698.36 yen. The exchange rate is 1 dollar = 1.
The ADR trends on the 24th showed that the Nidec Corporation Sponsored ADR, Fujitsu, Advantest, etc., were high when converted to yen.
On the 24th, the ADRs (American Depositary Receipts) were generally higher compared to the Tokyo close on the 24th when converted to yen. In yen terms, Nidec Corporation Sponsored ADR <6594.T>, Fujitsu <6702.T>, Advantest <6857.T>, NINTENDO CO LTD <7974.T>, and SoftBank Group <9984.T> were all up. Hitachi <6501.T>, TDK <6762.T>, Kyocera Corporation Sponsored ADR <6971.T>, Tokyo Electron <8035.T>, and Mizuho <8411.T> also performed well. Provided by Wealth Advisor Co.
<Today's main economic Indicators and schedule> Elecom will have an IPO, April consumer price index in the Tokyo metropolitan area, ETC.
【Domestic】・ 8:30 April Consumer Prices in the Tokyo Metropolitan Area ・ 14:00 March National Department Stores revenue ・ Earnings Reports = Keyence <6861.T>, Shin-Etsu Chemical <4063.T>, Daiichi Sankyo <4568.T>, Denso <6902.T>, Advantest <6857.T>, Astellas Pharma <4503.T>, Nomura <8604.T> ・ IPO (New Listing) = Elevator Communications (Eureka) <353A.SP> 【Overseas】 (Time is Japan time) ・ 23:00
Mitsubishi Research Institute, Daiichi Sankyo, Hitachi Construction, Keyence (on the 25th).
※The above Calendar is merely a schedule and may be subject to change due to the company's circumstances.---------------------------------------April 25 (Friday) <1381> Axes <1944> Kinden <1972> Sanko Gold <2208> Bourbon <2212> Yamazaki Bread <2216> Kanro <2481> Town News <3003> Hulic <3116>
Download the PDF file regarding the announcement of the decision on the acquisition of treasury stocks.
Recovery to 35,000 yen due to easing of US-China trade tensions and expectations from the Japan-US finance ministers' meeting.
The Nikkei average continued to rise, finishing the day at 35,039.15 yen, up 170.52 yen, recovering the 35,000 yen mark for the first time in three weeks with an estimated Volume of 1.8 billion 80 million shares. The U.S. market on the 23rd rose on expectations of easing U.S.-China trade tensions following reports from U.S. Broadcasting that the Trump administration is considering lowering tariffs on China. Following this trend, the Tokyo market began with Buy activity focused on high-tech stocks, and the Nikkei average reached 35,287 shortly after the opening.
Spot information for individual stocks (1)
Advantis <6857.T> continued to rise. The performance outlook for US semiconductor manufacturer Texas Instruments for April to June exceeded market expectations. Tokyo Electron <8035.T>, KOKUSA <6525.T>, and others also increased significantly. Osaka Titanium <5726.T> soared. The increase in the number of deliveries of civilian aircraft in Boeing's performance for January to March led to a surge in demand for titanium for aircraft. Japan Titanium <5727.T> and TORAY INDS INC <3402.T> also rose. Nova Ltd <9519>.
The Nikkei average is up about 310 points, with positive contributions from Tokyo Electron, Advantest, and SoftBank Group being the top performers.
On the afternoon of the 24th, around 12:45 PM, the Nikkei Stock Average is trading at about 31,180 yen, up approximately 310 yen from the previous day. In the latter half of the session, selling pressure increases, reducing the gains as trading begins. The foreign exchange market is currently fluctuating around 142 yen and 80 sen per dollar. In terms of the contribution of the stocks included in the Nikkei Stock Average, the top gainers include Tokyo Electron <8035.T>, Advantest <6857.T>, and SoftBank Group <9984.T>. On the other hand, the top losers include KDDI <9433>.
On the 23rd, the ADR trends showed that TDK, FANUC CORP, Mitsubishi UFJ, ETC had a high value when converted to yen.
The ADRs on the 23rd (American Depositary Receipts) were broadly higher compared to the Tokyo closing prices on the 23rd, when converted to yen. In yen terms, TDK <6762.T>, FANUC CORP <6954.T>, Mitsubishi UFJ <8306.T>, Mizuho <8411.T>, SoftBank Group <9984.T>, etc., were up. Advantest <6857.T>, NINTENDO CO LTD <7974.T>, Mitsubishi Heavy Industries <7011.T>, Sumitomo Mitsui <8316.T>, ORIX <8591.T>, etc., also showed solid performance. Provided by Wells A.